For all payroll calculations, use the following tax rates and round amounts to the nearest cent: Employee OASDI: 6.2% on first $132,900 earned; Medicare: 1.45% up to $200.000, 2.35% on earnings above $200,000. Earnings Withholdings Salaries Net Total With OASDI Med. Pay Beg. Current Ending Cum. Period Cum. Earn. Earn. Earn. $ 82,000 $4,100 128,000 5,500 54,000 2,500 62,000 3,700 0 2,500 $ 326,000 $ 18,300 Income Health United Tax Ins. Way $ 984 $ 82 $ 45 660 110 20 600 50 0 and Chk Wages No. Exp. 801 802 803 804 444 74 50 300 50 0 805 $ 2,988 $ 366 $ 115 anc Salari eginning Current Ending imulative Period Cumulative Income Health United Total Net Check Wage arnings Earnings Earnings OASDI Medicare Tax Insurance Way Withholdings Pay No. Exper 82,000 $ 4,100 $ 984 $ 82 $ 45 801 128,000 5,500 660 110 20 802 54,000 2,500 600 50 0 803 62,000 3,700 444 74 50 804 0 2,500 300 50 0 805 326,000 $ 18,300 $ 2,988 $ 366 $ 115